When putting together your watch list, look for stocks with an 80 or higher RS Rating. Camden Property Trust is one stock that just reached the mark, now earning a score of 84.
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they begin their biggest climbs.
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Camden Property Trust is building a with a 127.65 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 1%, compared to -1% in the prior report. Revenue increased from -1% to 0%.
The company holds the No. 56 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Omega Hlthcare Investors are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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